Caesars Entertainment
CZR
#2181
Rank
S$9.45 B
Marketcap
$44.48
Share price
-0.76%
Change (1 day)
-28.38%
Change (1 year)
Caesars Entertainment Corp. is an American company based in Las Vegas, that operates hotels, casinos, golf clubs and is a provider of various games of chance.

P/E ratio for Caesars Entertainment (CZR)

P/E ratio as of December 2024 (TTM): 10.0

According to Caesars Entertainment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0061. At the end of 2022 the company had a P/E ratio of -9.88.

P/E ratio history for Caesars Entertainment from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.88-49.08%
2021-19.4200.46%
2020-6.46-111.26%
201957.396.13%
201829.2-20.62%
201736.815.17%
201632.0612.31%
20154.49-142.97%
2014-10.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-5.19-151.87%๐Ÿ‡บ๐Ÿ‡ธ USA
15.1 51.13%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.